<abstract xmlns="http://www.w3.org/1999/xhtml">
<sec><h3>Subject and purpose of work: </h3>
<p>The purpose of the article is to present the creation of Regional Development Funds (Regionalne Fundusze Rozwoju - RFR) in Poland, their organisational models and factors influencing their development and choice of model. The research is also focused on the analysis of the variety of RFRs and their sources.</p>
</sec>
<sec><h3>Materials and methods: </h3>
<p>The research collects and presents data on RFRs operating in Poland, and analyses these data in the context of selected legal and administrative conditions.</p>
</sec>
<sec><h3>Results: </h3>
<p>The analysis showed significant variation among RFRs in terms of functional/ organisational models and scale of operation. The choice of an operating model for an RDF is influenced by factors such as the maturity of regional financial markets, the amount of RDF funds and the types of financial instruments offered.</p>
</sec>
<sec><h3>Conclusions: </h3>
<p>The study highlights the development of the financial market segment working with local authorities and businesses over the past decade. It draws attention to an increasing importance of financial instruments and institutions in development policies implemented by voivodeship governments.</p>
</sec>
</abstract>

Subject and purpose of work: 
The purpose of the article is to present the creation of Regional Development Funds (Regionalne Fundusze Rozwoju - RFR) in Poland, their organisational models and factors influencing their development and choice of model. The research is also focused on the analysis of the variety of RFRs and their sources.

Materials and methods: 
The research collects and presents data on RFRs operating in Poland, and analyses these data in the context of selected legal and administrative conditions.

Results: 
The analysis showed significant variation among RFRs in terms of functional/ organisational models and scale of operation. The choice of an operating model for an RDF is influenced by factors such as the maturity of regional financial markets, the amount of RDF funds and the types of financial instruments offered.

Conclusions: 
The study highlights the development of the financial market segment working with local authorities and businesses over the past decade. It draws attention to an increasing importance of financial instruments and institutions in development policies implemented by voivodeship governments.

Regional Development Funds: Creation Rationale and Models of Operation

Economic and Regional Studies / Studia Ekonomiczne i Regionalne

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Regional Development Funds: Creation Rationale and Models of Operation"}

Subject and purpose of work: 
The purpose of the article is to present the creation of Regional Development Funds (Regionalne Fundusze Rozwoju - RFR) in...

Regional Development Funds: Creation Rationale and Models of Operation

Pubblicato online: 02 apr 2024

Pagine: 1 - 20

Ricevuto: 01 nov 2023

Accettato: 01 gen 2024

DOI: https://doi.org/10.2478/ers-2024-0001

Parole chiave
regional development, financial instruments, Regional Development Funds, regional financial institutions

© 2024 Mariusz-Jan Radło et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Regional Development Funds: Creation Rationale and Models of Operation

Pubblicato online: 02 apr 2024

Pagine: 1 - 20

Ricevuto: 01 nov 2023

Accettato: 01 gen 2024

DOI: https://doi.org/10.2478/ers-2024-0001

Parole chiaveregional development, financial instruments, Regional Development Funds, regional financial institutions

© 2024 Mariusz-Jan Radło et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Parole chiave
regional development, financial instruments, Regional Development Funds, regional financial institutions